Johnson Controls Can Receive an Order for Automobile Seats from Ford

question 165

Multiple Choice

Johnson Controls can receive an order for automobile seats from Ford and deliver the order four hours later,beginning with raw materials and ending with delivery of the finished seats to Ford.Johnson Controls must

• A) focus on strong logistics for its customers.
• B) provide Ford with a cost-effective dual distribution system.
• C) increase the number of steps in the value proposition creation process.
• D) establish itself in the role of channel captain.
• E) avoid interfering with influence Ford's supply chain.

---

Definitions:

Permanent/Temporary

A classification that distinguishes between actions or objects that are intended to last indefinitely (permanent) and those expected to change or conclude after a certain period (temporary).

Normal Balance

The side of the accounting equation (debit or credit) where increases in the account are recorded.

Financial Statement

A written report which quantitatively describes the financial health of a company, including balance sheet, income statement, and cash flow statement.

Permanent/Temporary

Refers to the classification of accounts where permanent accounts are balance sheet items that carry over into the next fiscal period, and temporary accounts are income statement items that are closed to equity at the end of the fiscal period.